Stokes Family Office LLC Cuts Position in Capital One Financial Co. (NYSE:COF)

Stokes Family Office LLC lessened its position in shares of Capital One Financial Co. (NYSE:COF) by 14.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,994 shares of the financial services provider’s stock after selling 325 shares during the quarter. Stokes Family Office LLC’s holdings in Capital One Financial were worth $356,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. OneDigital Investment Advisors LLC boosted its holdings in shares of Capital One Financial by 7.6% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 3,068 shares of the financial services provider’s stock worth $459,000 after purchasing an additional 217 shares during the period. Empowered Funds LLC boosted its holdings in shares of Capital One Financial by 5.5% in the 3rd quarter. Empowered Funds LLC now owns 9,197 shares of the financial services provider’s stock worth $1,377,000 after purchasing an additional 477 shares during the period. Prospera Financial Services Inc boosted its holdings in shares of Capital One Financial by 9.7% in the 3rd quarter. Prospera Financial Services Inc now owns 4,992 shares of the financial services provider’s stock worth $749,000 after purchasing an additional 440 shares during the period. Fifth Third Wealth Advisors LLC boosted its holdings in shares of Capital One Financial by 13.4% in the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 4,708 shares of the financial services provider’s stock worth $705,000 after purchasing an additional 558 shares during the period. Finally, B. Metzler seel. Sohn & Co. Holding AG purchased a new position in shares of Capital One Financial in the 3rd quarter worth approximately $4,551,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Up 2.3 %

Shares of COF stock opened at $172.72 on Thursday. Capital One Financial Co. has a 1-year low of $128.23 and a 1-year high of $210.67. The stock’s fifty day moving average price is $191.61 and its 200 day moving average price is $175.91. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98. The company has a market cap of $65.86 billion, a price-to-earnings ratio of 14.90, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47.

Capital One Financial (NYSE:COF) last announced its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, topping the consensus estimate of $2.78 by $0.31. The firm had revenue of $10.19 billion for the quarter, compared to the consensus estimate of $10.22 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The firm’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same period in the previous year, the business earned $2.81 EPS. On average, research analysts expect that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were paid a dividend of $0.60 per share. The ex-dividend date was Tuesday, February 18th. This represents a $2.40 annualized dividend and a yield of 1.39%. Capital One Financial’s payout ratio is presently 20.71%.

Wall Street Analyst Weigh In

COF has been the subject of a number of recent research reports. Truist Financial lifted their target price on Capital One Financial from $229.00 to $257.00 and gave the stock a “buy” rating in a report on Monday, January 27th. Bank of America raised Capital One Financial from a “neutral” rating to a “buy” rating and raised their price target for the stock from $207.00 to $235.00 in a research note on Wednesday, February 19th. Barclays raised their price target on Capital One Financial from $219.00 to $220.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 22nd. Robert W. Baird raised Capital One Financial from a “neutral” rating to an “outperform” rating and raised their price target for the stock from $190.00 to $200.00 in a research note on Tuesday, March 11th. Finally, Hsbc Global Res raised Capital One Financial from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, January 14th. Five research analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, Capital One Financial has an average rating of “Moderate Buy” and an average price target of $206.67.

About Capital One Financial

Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.